Iran | Egypt Oil & Gas - Part 7

Iran Expects Petrochemical Sales of $12 B

The Iranian Minister of Petroleum Javad Owji disclosed that petrochemical companies are expected to deposit $12 billion in Iran’s domestic Forex Management Integrated System, locally known as NIMA system, by the end o...

Iran’s MAPNA Awarded Khangiran Field Gas Storage Project

Iran Gas Engineering and Development Company announced its decision to award the gas storage development project in Khangiran Field (Shurijeh D Reservoir) to MAPNA Group, Shana news agency reported. This project came ...

Production at Iran’s Refineries Climbs by 6%

The Director of Coordination and Supervision of Operations at the National Iranian Oil Refining and Distribution Company (NIORDC) Saeed Madah Moravej announced that Iran’s refineries have witnessed a 6% increase in ou...

Iran to Increase Fars Province Natural Gas Production by 110 mmcm/d

Iran’s Minister of Petroleum Javad Owji has announced that his government planned to invest in the upstream gas sector to boost natural gas production from Fars province’s fields to grow by 110 million cubic meters pe...

Iran, Turkmenistan, Azerbaijan Sign Trilateral Gas Swap Agreement

Iran, Turkmenistan, and Azerbaijan have signed a three-way agreement for gas swaps between the three countries, Shana news agency announced. According to the agreement, 1.5 to 2 billion cubic meters (bcm) of natural g...

NIDC Drills 46 Offshore, Onshore Wells in Eight Months

The National Iranian Drilling Company (NIDC) has drilled and completed 46 oil and gas wells in onshore and offshore fields during the first eight months of the current Iranian Calendar year which started on March 21, ...

Iran to Produce 940 mmcm/d of Natural Gas in Winter

The National Iranian Oil Company’s (NIOC) CEO Mohsen Khojastehmehr expressed confidence that Iran’s natural gas production in winter will reach 940 million cubic meters per day (mmcm/d), Shana news agency report...

South Pars Gas Production Reaches Its Peak

The CEO of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam announced that the production of natural gas from South Pars field has reached its peak and is expected to decline in the next four years, Shana news agen...

Iran’s Petrochemical Production Grows by 8% in Six Months

The production control manager of the Iranian National Petrochemical Company (NPC), Seyed Jalal Mirhashemi, announced that Iran has achieved growth in its petrochemical production, reaching 8% year-on-year (YoY) durin...

Iran to Barter Oil for Funding Petroleum Projects

Iran is planning to barter crude oil with other raw materials, equipment and investments in order to use the revenue to finalize petroleum projects that are partially complete, according to a statement from Iranian Mi...

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